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Jul 9, 2013
07/13
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here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary...
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Jul 10, 2013
07/13
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this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer dollars to the united states enrichment corporation. because the report is pending, t is in the best interest of hard-earned taxpayer dollars we suspend aid until we have more information as to what the company is doing with the money it is receiving. the united states enrichment corporation is so poorly run, last may the new york stock exchange threatened to delist them due to its financial health. articles over the years have documented its financial woes and the near monthly collapse of its stock prices. during the june share holders' meeting, 80% of th
this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer...
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Jul 10, 2013
07/13
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it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his time. for what purpose does the gentleman from new jersey seek recognition? mr. frelinghuysen: i move to strike the last word, mr. chairman. the chair: the gentleman is recognized for five minutes. to relinghuysen: i rise oppose the gentleman from georgia's amendment. the amendment -- his amendment is overly broad and would prevent the department of energy, the army corps of engineers, the bureau of reclamation, the national nuclear security agency, all agencies covered under our bill from leasing our purchasing any new vehicles. i understand my colleague's concerns with the s
it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his...
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Jul 9, 2013
07/13
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CNBC
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why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is going to look great. the inflation rate which is now 1% will go to 0% and you'll worry about deflation. >> then we're going to start 3-d printing gold. it will plummet even faster. >> gold is about 1,000 bucks an ounce. thank you, gentlemen. we appreciate it. >>> all hail the state of south dakota. cnbc has just named it as the number one state for business in america. and the man who puts that list together, cnbc's scott cone joins us live from the foot of mount rushmore. he'll explain. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it'
why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is...
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Jul 11, 2013
07/13
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if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to the farm bill and underlying bill because it takes the safety net away from american families. >> without objection, the time is charged. >> i yield to the gentleman from new york. >> thank you. i ask unanimous consent to revise and extend my remarks in strong opposition to the farm bill rolen the airline bill because it hurts america's children. correct -- rule and the underlying bill because it >> mr. speaker, and ask unanimous consent to revise my remarks. >> without objection. >> the gentleman from massachusetts. >> i yield to the gentlewoman from florida. >> i ask u
if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to...
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Jul 7, 2013
07/13
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MSNBCW
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jobs with it, all the people that had to construct, that helps younger workers, and we do also have a deficit. we don't have young people able to do the jobs we're outsourcing to india. we need to be training young people starting in high school to do stem jobs, research and science. >> in that last segment -- well, there you go. [ applause ] in the last segment we were talking about the outsourcing of the jobs. we should point out that 60% decline in manufacturing jobs in this city >> that's right. >> when you talk about an industrial revolution, the best place to do it is where there's people who are willing to work. >> exactly. >> but when you have capital, which is hard to get, and minorities can't get the capital. >> that's right. >> because they don't have the resources to back them up if business doesn't go well, what else can we do other than some kind of public/private partnership involved with federal money to turn these numbers around? >> i think it has got to start there, but also long-term we have to level the playing field in terms of corporations. a lot of reasons you see the o
jobs with it, all the people that had to construct, that helps younger workers, and we do also have a deficit. we don't have young people able to do the jobs we're outsourcing to india. we need to be training young people starting in high school to do stem jobs, research and science. >> in that last segment -- well, there you go. [ applause ] in the last segment we were talking about the outsourcing of the jobs. we should point out that 60% decline in manufacturing jobs in this city...
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Jul 10, 2013
07/13
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KQED
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and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other party leaders issued a statement refirming they will not take up the senate bill which leaves the focus squarely on the next three weeks. house republicans have said they mean to bring immigration to a vote between now and the month-long recess that begins in early august. for more on the options being considered in the house, we are joined by illinois democrat luis gutierrez, also a member of the judiciary committee, and chair of the congressional hispanic caucus immigration task force. congressman, welcome back to the program. >> thank you, ray. good to be with you
and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other...
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Jul 11, 2013
07/13
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there's going to be a deficit used to be made up by mandatory coverage provisions. all that money has to come from somewhere. so you just are put to a choice, i guess. bankrupting the insurance companies, and the whole system comes tumbling down, or else enacting a federal subsidy program that the insurance would like. now, it is clear that there is a difference between the ememployer mandate and the individual mandate. the individual mandate is the core of the issue. we don't require americans, we are going to continue to have people that have free rides. they walk into the emergency room and get taken care of. nd you and i that work -- walk and pay emergency room for it, have to pay $1,000 a year toward their coverage. healthcare.gov is on the computer. you can look in there. there is a section for small businesses. i'm sure you have looked in there. you can read, obviously, so you know what's there. explain what is really going to happen to individuals when this law is implemented in january, as people are enrolled from september to october 1, what's going to hap
there's going to be a deficit used to be made up by mandatory coverage provisions. all that money has to come from somewhere. so you just are put to a choice, i guess. bankrupting the insurance companies, and the whole system comes tumbling down, or else enacting a federal subsidy program that the insurance would like. now, it is clear that there is a difference between the ememployer mandate and the individual mandate. the individual mandate is the core of the issue. we don't require...
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Jul 10, 2013
07/13
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WMPT
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city still struggling, with over a quarter of its people living in poverty. two costly wars, a soaring deficit and a housing market boom and bust. >> the obama administration says it will spend billions to keep struggling homeowners in their homes. >> moyers: american families had been hit by the greatest economic downturn since the great depression. >> we're raised to believe that each generation can and will do better than the last. but is that really true? >> moyers: we wanted to know what had happened to the two american families we knew. we found jackie stanley outside her church. how are you? >> the graduate! >> moyers: along with a grown-up keith, now 35. >> i never would have made it to college, never would have made it to college, without mom. >> moyers: but jackie quickly confided that when we called her to see about filming again, she almost said no. i was telling kathy i thought i was a failure. i really thought i was a failure because i didn't do it. we went backwards. >> moyers: she said that after suffering some health problems, she had quit doing real estate altogether, that he
city still struggling, with over a quarter of its people living in poverty. two costly wars, a soaring deficit and a housing market boom and bust. >> the obama administration says it will spend billions to keep struggling homeowners in their homes. >> moyers: american families had been hit by the greatest economic downturn since the great depression. >> we're raised to believe that each generation can and will do better than the last. but is that really true? >> moyers:...
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Jul 11, 2013
07/13
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estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children, and seniors who rely on the nutrition program in a desperate attempt to win political points with their conservative base. after an embarrassing, chaotic defeat of their last proposal, they decide to make a bad situation worse. this proposal strips out the entire nutrition title, putting families and children at risk of going hungry. givemade a clear choice to subsidies to corporations at the expense of the hungry and poor. today house republicans are telling hungry children, food banks who he meet the need of their communities. and low-income citizens, their needs don't ma
estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children,...
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Jul 11, 2013
07/13
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today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other things. it is being considered separately on its own merits. as many in this body have called for, and it replaces antiquated permanent law so we don't face things like the dairy cliff tend of the year anymore. the bill before us reforms not just the politics of the farm bill, but the process as well. this farm bill has earned our support and i urge my colleagues to vote yes. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from minnesota is recognized. mr. peterson: i yield two minutes to the distinguished minority whip, the gentleman from maryland, mr. hoyer. the spe
today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other...
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Jul 7, 2013
07/13
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CSPAN
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believe, because this is in the best interest of the country, we ought not to look at student loans as a deficit reducer. it ought to be neutral. weat is to say at morris, should not lose any money, and at worst, we ought not make any money, at best. we want to make it as affordable as possible. whether the democrats want a neutral or the republicans want a neutral. this would only be putting a bandage on a larger problem. >> i am a graduate student, but a lot of my friends have gone out to the working world. they cannot buy a house. cannot buy new cars. you are creating a generation of adults who cannot put any money into anything except their student loans, so in the long run, you are only hurting the economy. young adults today actually pay this to put to work -- to their student debt, putting money on a down payment of the house, supporting local businesses, supporting other businesses. excellent that is an point, to the extent we put some of our most capable people deeply in debt. this is 7% driven by the consumer in this economy. we undermine not only their lives and their ability to purch
believe, because this is in the best interest of the country, we ought not to look at student loans as a deficit reducer. it ought to be neutral. weat is to say at morris, should not lose any money, and at worst, we ought not make any money, at best. we want to make it as affordable as possible. whether the democrats want a neutral or the republicans want a neutral. this would only be putting a bandage on a larger problem. >> i am a graduate student, but a lot of my friends have gone out...
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Jul 6, 2013
07/13
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guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that work was transferred there. some people say that's the way it goes and how the global economy moves around. that might be the case. but that doesn't mean there aren't jobs americans can't do. and the definition of doing something that your caller -- i agree that there are do-nothing jobs in every organization probably. but the point that your caller was making i think there are -- the definition of doing something is very broad and there are a lot of thing that is need to be done in this country including services jobs that aren't getting filled by the private se
guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that...
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Jul 10, 2013
07/13
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CURRENT
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in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was writing a check. >> she never cashed it! >> the war room. >> compared to other countries with tighter gun safety laws our death toll is just staggering. >> the young turks. >> the top bankers who funneled all the money to the drug lords, no sentence. there's just no justice in that. >> viewpoint. >> carl rove said today that mitt romney is a lock to win next pope. he's garunteeing it. >> joy behar: say anything. >> is the bottom line then that no white person should ever, ever, ever use the "n" word? >> yes! >> only on current tv. >> stephanie: it is "the stephanie miller show." welcome to it. six minutes after the hou
in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was...
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Jul 11, 2013
07/13
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CSPAN
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did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe the 20,000 border guards, which would not come into effect until i think 2021 would cost at least 40 billion dollars. and i think for republicans, they have to see the trees through the forest. they should not be intimidated by the democratic party, the minority party in the house, and they should not be intimidated by the mainstream media that continues to carry their water. this country desperately needs leadership. what it should say is, we will support immigration but we reject the hundred million dollars from las vegas. there are many things objectionable that i think to both democrats and repub
did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe...
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Jul 12, 2013
07/13
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did they understand that in 2014, in fact, what they have done bats to the deficit? no, instead we are recklessly pushing forward this partisan bill designed to inflict great harm. even more pernicious is the substance of this bill. which froze millions of american families aside. this removes the entire nutrition title from the farm bill, with no indication that the majority intends to take those programs in the near future. let's be clear about what this means. food stamps are the critical central span of our social safety -- social safety net. helping over 47 million americans, nearly half of them are children. 75% of households receiving this aid included child, a senior citizen, or an individual with a disability. ande are the individuals the people that this republican majority has just called extraneous. they are not extraneous. the bill before us would mean the death knell of the food stamp program. the another nutrition programs that have been part of the farm bill for decades -- the other nutrition programs. this bill is immoral and is a serious risk to our
did they understand that in 2014, in fact, what they have done bats to the deficit? no, instead we are recklessly pushing forward this partisan bill designed to inflict great harm. even more pernicious is the substance of this bill. which froze millions of american families aside. this removes the entire nutrition title from the farm bill, with no indication that the majority intends to take those programs in the near future. let's be clear about what this means. food stamps are the critical...